Estimize

Lots of blue chips will be taking their turns in the earnings spotlight this week. Wall Street analysts have high hopes for the likes of American Airlines Group Inc (NASDAQ: AAL), Facebook Inc (NASDAQ: FB), General Motors Company (NYSE: GM), Google Inc (NASDAQ: GOOGL), Morgan Stanley (NYSE: MS)...

Spring is in the air -- and so are management changes, a new TV service from Cupertino and a brewing battle between two tech giants. Apple's TV Service Might Be More Fantasy Than Reality Apple Inc. (NASDAQ: AAPL) is expected to introduce a streaming video service this year, but there are a number...

Estimize, a rising startup that crowdsources estimates from more than 4,500 hedge funds, brokerages and independent analysts, announced that it has raised $3 million in a Series B funding round. The round was led by WorldQuant Ventures, which was Estimize's first client in 2012. "This is really...

The first-quarter earnings season gets underway as Alcoa Inc (NYSE: AA) steps into the spotlight Wednesday. It may not be quite the bellwether it was as part of the Dow, but if Wall Street's expectations for Alcoa earnings are still any sign of things to come, the first quarter may be off to...

Facebook Inc (NASDAQ: FB) paid $1 billion for Instagram, believing that it was a prominent social media platform that would only grow stronger with time. That bet seems to have paid off. "They're probably a $20 billion company if they're standalone right now," Leigh Drogen, co...

Traditional financial service providers could see $4.7 billion in annual revenue migrate to online innovators, an analyst said Friday. Goldman Sachs' Heath P. Terry offered a look at the industry in a report Friday that was light on investment advise but heavy on blue-sky thinking. Trends...

Estimize founder and CEO Leigh Drogen shared insight with Benzinga about the future of his company and the role it will play regarding crowdsourced estimates on Wall Street. “Estimates are incredibly important,” Drogen said, “because it’s how we build an...

Crowdsourcing has been used for centuries, according to Jeff Howe. He coined the term in a 2006 article for Wired magazine. Crowdsourcing exists in countless shapes and sizes, most notably in places like the restaurant industry with Yelp Inc (NYSE: YELP), and the travel sector with the likes of...

The first customers of Estimize were large quantitative hedge funds. But the data from the crowd-sourced analytics provider is now being requested by discretionary traders, analysts, portfolio managers, bankers, investor relations departments and even corporations, according to founder and...

Harvest, a financial discovery and communication platform, wants to take over Wall Street -- one investor at a time. The startup has already succeeded in attracting a number of well-known users, including Dan Loeb, Kyle Bass, Steve Tananbaum, Jody Lanasa and Sahm Adrangi. Numerous firms (...